VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Strong Trading Volume

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw an uptick in trading volume on Thursday . 280,124 shares changed hands during trading, an increase of 217% from the previous session’s volume of 88,385 shares.The stock last traded at $58.18 and had previously closed at $57.92.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.3 %

The firm has a market cap of $860.18 million, a P/E ratio of -1,158.24 and a beta of 0.68. The stock’s 50-day moving average is $57.83 and its 200-day moving average is $56.59.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a $0.1597 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $1.92 annualized dividend and a yield of 3.30%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,999.30%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds have recently made changes to their positions in CDC. KPP Advisory Services LLC bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 3rd quarter worth approximately $1,608,000. Cambridge Investment Research Advisors Inc. raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 176,747 shares of the company’s stock worth $10,522,000 after acquiring an additional 4,949 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% during the third quarter. Prime Capital Investment Advisors LLC now owns 32,701 shares of the company’s stock valued at $1,827,000 after acquiring an additional 1,582 shares during the period. Finally, NBC Securities Inc. acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 3rd quarter valued at $26,000.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.